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in this is when you have on the table in terms of tax reform, entitlement reform would make ronald reagan look like a piker. so alan murray wrote the classic book on tax reform. he knows how hard it was, with some or very good people. >> [inaudible] [laughter] >> so the point is, in the fess fess -- fiscal cliff or in this period you're not going to get my of this done. joe lieberman outlined what would be a potential approach. you do some sort of cutting, maybe a little bit of some modest revenue, you then move back to regular order which trent lott was talking about last year, but then you need some mechanism like a simpson-bowles ii to enforce the discipline. my worry is, and this is where i disagree with austan. you read bob woodward's book and "the washington post" reporting and, frankly, the people doing the negotiating up there on both sides don't know something about the basics of negotiation, starting with the fact that you need one piece of paper that says here's what we agree on and here's what we don't agree on. so the bottom line if i were a ceo, what i'd be worried about is if th
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